# China seeks to increase soy production

> China's five-year plan aims to cut maize area 13 percent and raise soybean area 40 percent from 2015 levels by 2020 to reduce import dependence. China buys about two-thirds of globally traded soybeans, and over a third of its imports come from the US, which is exposed to threatened 25 percent tariffs.

- Date: 2018-04-13 · published 2018-04-13T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/65493-china-seeks-to-increase-soy-production
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Long-term domestic soy expansion would cut China's import needs over time, a bearish structural factor for global soybean demand, while the tariff threat adds near-term uncertainty for US soy exports.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-12-29 | [China reports progress on policy to increase soy self-sufficiency \| Feed Strategy \| Feed Strategy](https://feedsoft.ai/events/32690-china-reports-progress-on-policy-to-increase-soy-self-sufficiency-feed-strategy.md) | -4.3% | -8.5% |
| SOY | 2017-01-03 | [Tax cut seen lifting soy planting in Argentina \| The Western Producer](https://feedsoft.ai/events/72842-tax-cut-seen-lifting-soy-planting-in-argentina-the-western-producer.md) | 0.0% | +2.8% |
| SOY | 2023-01-10 | [China's soy reduction campaign could be an opportunity for alt-protein producers \| The Fish Site](https://feedsoft.ai/events/38120-china-s-soy-reduction-campaign-could-be-an-opportunity-for-alt-protein.md) | +2.4% | +0.8% |
| SOY | 2023-09-08 | [Argentina: Soybean exporters will have access to dollars for industrial production](https://feedsoft.ai/events/13954-argentina-soybean-exporters-will-have-access-to-dollars-for-industrial.md) | -0.1% | -4.8% |
| SOY | 2021-05-04 | [China moves to cut corn, soy in feed rations - Manitoba Co-operator](https://feedsoft.ai/events/47096-china-moves-to-cut-corn-soy-in-feed-rations-manitoba-co-operator.md) | +3.8% | -0.8% |
| CORN | 2019-11-12 | [State Council planning more measures to restore nation's hog production](https://feedsoft.ai/events/56059-state-council-planning-more-measures-to-restore-nation-s-hog-production.md) | -0.5% | -2.9% |
| CORN | 2023-03-08 | [Indonesian palm oil exports, production to fall in 2023 - GAPKI](https://feedsoft.ai/events/15745-indonesian-palm-oil-exports-production-to-fall-in-2023-gapki.md) | -1.6% | -0.6% |
| CORN | 2022-09-22 | [China to Cut Soybean Meal in Livestock Feed \| Feed & Grain](https://feedsoft.ai/events/39574-china-to-cut-soybean-meal-in-livestock-feed-feed-and-grain.md) | -2.8% | +1.3% |

## Sources

- bofit.fi: https://www.bofit.fi/en/monitoring/weekly/2018/vw201815_6/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.